Find out how AlphaONE can help you meet compliance requirements within 30 days!
The FTC Safeguard Rule took effect in 2003, but were amended in 2021 to keep pace with current technology. Along with increasing expectations on controls for protecting Personally Identifiable Information (PII), specific industries have been called out under the umbrella of “financial institutions” (Section 314.2(h)). As “finders,” companies who bring together buyers & sellers and then negotiate and consummate the transaction, fall within the coverage of the FTC Safeguards Rule.
High-level requirements of the FTC Safeguards Rule are:
AlphaONE’s Guardian provides a comprehensive array of software & services built upon industry standards and best practices to help your business achieve & maintain regulatory compliance! (FTC Safeguards Rule) We use our three-prong approach to help “Financial Institutions” achieve a more secure platform for their company: